SOLD
$2,450,000
Date 05/28/2021

1801 E Chevy Chase Drive
Glendale, CA 91206

Other
Residence
5,714
Sqft
0.17
Lot Size
Listing Agent: Jared Warren CalDRE: 02116449 - Colliers International- Los Angeles

Description for 1801 E Chevy Chase Drive Glendale, CA 91206

Well-maintained two-story building benefitting from a newly painted trim along with recently replaced windows throughout | Opportunity exists to renovate the units with new flooring, countertops, appliances and fixtures to achieve higher rents | 20% rental upside with additional income opportunities through bill-back of utilities | 100% occupied with all tenants paying rent Low expense burden should allow for positive cash flow on day one of ownership | Underutilized backyard area leaves potential to add Covid-friendly amenity space for residents

Property Details

21694320
Other, 2 Story
Los Angeles
1948
0.17 Acres
2
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Listing Agent: Jared Warren CalDRE: 02116449 - Colliers International- Los Angeles
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